Solana (SOL) is trading around $84.94 with a 1.32% gain, facing resistance at the 50-day EMA near $86.10, a critical level for a bullish breakout. Despite price stagnation below $100 for 90 days, Solana's network remains strong with over $10 billion in on-chain payment volume in Q1 2026. Institutional sentiment shows cautious optimism as spot ETFs saw $3.28 million inflows, the first positive since late April, and futures data indicates a slight bullish tilt. The key challenge is overcoming technical resistance to confirm a trend reversal, while strong blockchain activity supports a potentially positive outlook if buying interest returns.
Bitcoin fell about 2.7% to around $63,200 following the U.S. market close, dragged down by a sharp 10% drop in South Korea's Kospi index, which hit its lowest since April. The U.S. Senate postponed a vote on the CLARITY Act, delaying crypto regulator...
The Solana Policy Institute warns that billions in crypto investment are on hold pending the passage of the CLARITY Act, which would clarify legal protections for developers and validators in decentralized networks. Without this legislation, investor...
Circle minted $500 million in USDC on the Solana blockchain in July, continuing a trend of shifting stablecoin liquidity from Ethereum to Solana. This issuance, done in two $250 million tranches, reflects growing demand for USDC on Solana, which has ...
In Q2 2026, Solana's consumer card ecosystem reached a record $246 million in top-ups and $185 million in card spending, highlighting increased user engagement and adoption of its payment infrastructure. This growth reflects broader activity surges i...
In Q2 2026, Solana decentralized exchanges reached a record $183.2 billion in perpetual futures volume, marking the highest quarterly figure for the platform. This surge highlights growing interest in Solana's derivatives market, even as spot trading...
